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the nikkei index right now trading at 9521, a gain of over .5% from wednesday's close. traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen levels this thursday morning. taking a look at other markets in the asia-pacific, south korea's companiespy is 1949. let's take a look at australia. the benchmark index is lower by about.25%, 4508. let's see where china takes us when they open the next hour. >>> european commission regulators have imposed a fine worth almost $2 billion for running two price-fixing cars sells. they say it's the highest-ever anti-trust penalty in their history. the commission leaders said they fined six companies a total of $1.47 billion euros for anti-competitive behavior. the firms are panasonic and toshiba, sa
the nikkei index right now trading at 9521, a gain of over .5% from wednesday's close. traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen levels this...
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a survey of 800 obama voters split right down the metal on the political ppll on how they want obama to cut the deficit. 41 percent responded in far of spending cuts. 41 percent of respondents saying they favor tax increases. the white house says it will offer a counteroposal to house speaker proposal. saying that unless he ccepts tax increases on the rich the president is willing to go over the cliff. let's get straight to the politics of these developments and the rhetoric and possible economic impact of failureto resolve the issues. joining as, former spia assistant to president george w. bush, a veteran political consultant and republican pollster. let's tart, if i may, with you. do you think both sides right now are seriously ready to go over the cliff? >> i think the preside i very ready because they arereading into this election last month a mandate that i simply don't see. the president got 15 million americans to vote against him which fail to produce any type of meaningful budget in his democratic controlled snate. we are at the disco club because of the president's inabili
a survey of 800 obama voters split right down the metal on the political ppll on how they want obama to cut the deficit. 41 percent responded in far of spending cuts. 41 percent of respondents saying they favor tax increases. the white house says it will offer a counteroposal to house speaker proposal. saying that unless he ccepts tax increases on the rich the president is willing to go over the cliff. let's get straight to the politics of these developments and the rhetoric and possible...
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i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion deficit. they will come to a deal. but right now, it's political theater. and it's probably going to look like the simpson-bowles. that will come full-circle again. >> here's a problem the republicans have got themselves into. is obama has been very clever here, the president. i think what he's done is skillfully said to the public, if he goes over the fiscal cliff, the republicans are prepared to make the entire middle class to pay more tax to save 2% of the wealthiest americans paying a little bit more. and that's a very bad position for the republicans to find themselves in, isn
i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion deficit. they will come to...
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Dec 5, 2012
12/12
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we are told the first person on the list of obama is susan rice, the u.n. ambassador. she has some experience there. and then she goes on with obama to be the ambassador, if she is successful. we do not know if she is going to be, but if she is successful of navigating this, let to be secretary of state, what has been, and what do you think will be in the second term the u.s. relationship with the continent in the obama era? >> the progressive element on the african continent and certainly nigeria, from the very beginning this sort of extra expectation. obama it is an american. he is from a country called america. for americans. anything which we get from that administration is a bonus. it is time the african nation stop relying on changes in administration elsewhere. as part of the movement away from the original. and so we should not expect any special treatment from the u.s. administration. on the contrary, a sense of belonging should encourage the leaders to try to make things easier. there are enough problems in the world. it is a young continent, if you like, in
we are told the first person on the list of obama is susan rice, the u.n. ambassador. she has some experience there. and then she goes on with obama to be the ambassador, if she is successful. we do not know if she is going to be, but if she is successful of navigating this, let to be secretary of state, what has been, and what do you think will be in the second term the u.s. relationship with the continent in the obama era? >> the progressive element on the african continent and...
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with more to moderate here is that for a former colony won the right to determine its own best of the. test of perfecting the more you have moved forward was four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from this so-called perfecting union a movement that's garnered more than thirty thousand signatures in north carolina. where many like michael toggled. see independence as a symbol may twentieth a consistent one is the day that north carolina saved from the union and america stars and stripes ripping at the seams there's no doubt in my mind that it is inevitable i mean something like this with the debt this country has with the growing disunion in the among the people they can't last forever and that's through the lesson of history big empires always collapse on their own weight secession supporters like bernard first some say washington's weight of growing debt and loose wars government intrusion and a broken
with more to moderate here is that for a former colony won the right to determine its own best of the. test of perfecting the more you have moved forward was four weeks following barack obama's reelection nearly one million americans have moved forward by campaigning to break apart all fifty states have filed online petitions with the white house requesting to peacefully secede from this so-called perfecting union a movement that's garnered more than thirty thousand signatures in north...
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absoluly right. she raised $7 million for the obama campgn which certainly gets you consideration, but a won his magaziie featred one ofhe most worst villains in the world at preent inher magazine. diplomacy and bogor don't go handn hand. melissa: and if there's anything weave learned it is so important our diplomats are. this is animportant choice. this is not like a tree to be ven away. and noit has in the past everyone is making the point when george w. bush did this. it is not okay for anyone. >> in the past for previous presidents, and did you all di this. go to big donors, but the good people who have some diplomatic experience or business perience to know how t operate in the world. melissa: or who are friendly. i dn't know. >> president obama has done the slightly more thaothers. forty of his 59 ambassadorial appointments hbeen to top donors. that has toet arraigned in. melissa: and may have o stumbl on. i know. i was trying to make a joke. more politics. this time the future mayor of new yor
absoluly right. she raised $7 million for the obama campgn which certainly gets you consideration, but a won his magaziie featred one ofhe most worst villains in the world at preent inher magazine. diplomacy and bogor don't go handn hand. melissa: and if there's anything weave learned it is so important our diplomats are. this is animportant choice. this is not like a tree to be ven away. and noit has in the past everyone is making the point when george w. bush did this. it is not okay for...
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, is that right? >>guest: absolutely not. not only me but my neighbors feel the same. we are the forgotten borough, we are the forgotten people. we are the middle class people and we are the working class people that have paid our taxes and we are not getting anything in run. it is always fema, deny this. you have to reapply. it is a joke. a joke. you are the president of the united states, you got that pen, you bailed out the banks, bail out the american people that don't have homes for the holidays. the president is going away. he is going to hawaii for christmas for 20 something days, where am i going to be? where are my neighbors going to be? we will not have a place called home. mr. president, you have to do something. you are the president. you got to get fema to react and put the trailers in areas and let people have places to live for the holiday. you are going to enjoy your holiday in hawaii. i'm going to be here with in lights, no electric, no plumbing, not having my kids here, what am i goi
, is that right? >>guest: absolutely not. not only me but my neighbors feel the same. we are the forgotten borough, we are the forgotten people. we are the middle class people and we are the working class people that have paid our taxes and we are not getting anything in run. it is always fema, deny this. you have to reapply. it is a joke. a joke. you are the president of the united states, you got that pen, you bailed out the banks, bail out the american people that don't have homes for...
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absolutely right. the most important way to look at iscal cliff debate, the math is fine to go through it but the most important question in my mind will there be serious structural entitlement reforms. melissa: right. >> the kinds of reforms that will yield savings well down the road, even beyond, 10, 15, 40 year windows we're talking about. what are the structural reforms that would produce those kinds of results. those are only things we should be clear. the only things that would actually make a difference. the kinds of spending you're seeing to a great extent on the fiscal cliff and president's plan and lesser extent to the republican plan, largely discretionary spending cuts. a lot coming out of defense. these are not long-term structural changes that will put us on a path to a balanced budget. that will not happen. melissa: the other thing that struck me about the graphic when you look at it, the threat from republicans hey, we would rather go over the cliff rather than take the president's deal
absolutely right. the most important way to look at iscal cliff debate, the math is fine to go through it but the most important question in my mind will there be serious structural entitlement reforms. melissa: right. >> the kinds of reforms that will yield savings well down the road, even beyond, 10, 15, 40 year windows we're talking about. what are the structural reforms that would produce those kinds of results. those are only things we should be clear. the only things that would...
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giving his first post-election one on one interview here's a snippet i think the issue right away and when will the two of you sit down in around the world i don't think they'll be assured now it has to do with sitting in a room. there was plenty of that throughout the interview but do these twenty four seven deficit debates do you want to undermine perceptions of america and the dollars position in the international monetary system then they do to address the nation's growing debt we'll discuss uncle sam's exorbitant privilege despite the budget woes and assess the competitive currency landscape plus the dollar fell against other currencies to a six week low this morning according to reuters which cited concerns over a fiscal cliff deal but what does this so-called dollar index really gauge when it comes to the greenbacks true value will break it down and word of the day and paying people to track the comings and goings of private corporate jets in the big woods on them amount to this. material nonpublic information which is defined as the information that the average investor doesn'
giving his first post-election one on one interview here's a snippet i think the issue right away and when will the two of you sit down in around the world i don't think they'll be assured now it has to do with sitting in a room. there was plenty of that throughout the interview but do these twenty four seven deficit debates do you want to undermine perceptions of america and the dollars position in the international monetary system then they do to address the nation's growing debt we'll...
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Dec 6, 2012
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longer term, tim pact will weigh on the obama administration if the economy doesn't recover. >> all right. many thanks, scott rasmussen, appreciate it very much. >> thanks. >>> with just 26 days until we fall off the tax and fiscal cliff, two dozen house republicans have apparently defected from the boehner plan and signed a bipartisan letter with democrats. people are now asking is there a fallback position for the gop? well, here now to tell us is house majority whip california republican kevin mccarthy, the number three man. mr. mccarthy, as always, thank you for coming back on the show. can i get your comment on this letter, two dozen republicans, they're talking about tax rate flexibility along with a bunch of democrats. what's your take, sir? >> well, remember what they're saying here. what they're saying is that they're going to put everything on to the table. what we've been talking about for so long is where the president has been awol, this is a spending issue that we have a real problem with. we agree that we'll provide revenue, but we do not want to hurt a pro growth economy h
longer term, tim pact will weigh on the obama administration if the economy doesn't recover. >> all right. many thanks, scott rasmussen, appreciate it very much. >> thanks. >>> with just 26 days until we fall off the tax and fiscal cliff, two dozen house republicans have apparently defected from the boehner plan and signed a bipartisan letter with democrats. people are now asking is there a fallback position for the gop? well, here now to tell us is house majority whip...
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Dec 1, 2012
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>> well, it was clear to joel benenson who was the obama pollster and who got it right on the money. it was clear in the average polls. i think john is right about this, there was an assumption inside the party that there was going to be a different electorate. >> did you see it, bob? did you see the excitement this time we both saw in '08 for obama? >> of course you didn't see the same level of excitement, but i saw a level of determination that was intense. i saw people waiting for hours in line in the polls. i'll tell you one other thing. you cannot explain simply by your conception of what the electorate was going to be those crazy momentum numbers that you showed over that last weekend. there was something else wrong with that polling. >> what do you think it was? >> well -- >> was it the getting together with governor christie and that great show of bipartisanship? was it the fact your side couldn't push the benghazi issue? what changed the last weekend toward obama? >> certainly i think sandy changed things. it let the president be president. >> it changed the subject from ben
>> well, it was clear to joel benenson who was the obama pollster and who got it right on the money. it was clear in the average polls. i think john is right about this, there was an assumption inside the party that there was going to be a different electorate. >> did you see it, bob? did you see the excitement this time we both saw in '08 for obama? >> of course you didn't see the same level of excitement, but i saw a level of determination that was intense. i saw people...
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Dec 2, 2012
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president obama came out during the egyptian up riding saying that it has to go. clearly the united states has put itself on the side of people that want to live in freedom and democracy. i think it does deserve the united states making a strong remark. the way the constitution is written morsi's decree suggests that egypt is going in the wrong direction. this kind of contested national dialogue is a good thing. the problem is no one is moving toward compromise. they're moving toward confrontation. that means that brotherhood will seek to impose its will on the residents of the population and nobody is willing to put up that. >> what does this say about morsi? he came across as this broker in the gaza negotiation. is he a dictator in sheep's clothing? >> when we were on your program over the summer and morsi wads elected president and he said he's a fighting personality. this is the way i think both of us expected him to behave. i don't think he wants to make himself president for life. this constitutional declaration he made that gives him these powers that by vi
president obama came out during the egyptian up riding saying that it has to go. clearly the united states has put itself on the side of people that want to live in freedom and democracy. i think it does deserve the united states making a strong remark. the way the constitution is written morsi's decree suggests that egypt is going in the wrong direction. this kind of contested national dialogue is a good thing. the problem is no one is moving toward compromise. they're moving toward...
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could it be that he wants to draw attention away from the 400 -- let's do that right here, 400 -- $4 billion projected by the congressional budget office, $494 billion of obamacare taxes that will hit not the 2%, not the 98%, but the middle-class, and they start hitting on january 1st, and it does not matter whether we go over the cliff for not. if you have not heard about those tax hikes, perhaps it is because the mainstream liberal media for some strange reason does not want to talk about the inconvenience impact of obama taxes on our middle-class. >> the bill is passed. lou: the house passes the stem emigration bill. some democrats call it racist and pandering. how is that? and republicans also introduced the achieve act. other republicans taking the lead on emigration reforms? i am joined. forget the tech bubble, housing bubble, the student that bubble. the rush to a college education is crushing economic futures. the fiscal cliff now 31 days away, still no mention of sequestration cuts. cuts in the pentagon budget with deadly consequences? can this congress and this president fi
could it be that he wants to draw attention away from the 400 -- let's do that right here, 400 -- $4 billion projected by the congressional budget office, $494 billion of obamacare taxes that will hit not the 2%, not the 98%, but the middle-class, and they start hitting on january 1st, and it does not matter whether we go over the cliff for not. if you have not heard about those tax hikes, perhaps it is because the mainstream liberal media for some strange reason does not want to talk about the...
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in the polls right after that was really real. i mean, that was another thing that was very different between the two campaigns. i feel the obama people were much more realistic about the numbers, what the numbers really were, as compared to the romney campaign. >> what do you make of that, the fact -- again, we see the pattern of tactical answers to what seem to be terrible statements about half the country, 47%, not being this guy's responsibility. >> right. i mean, i think in fairness these questions were tactical questions. this was a forum about the nuts and bolts of why they did this or that, but i thought interestingly, i agree with susan, the obama campaign was saying that even though things looked a little bit better for them, they thought it was only a temporary thing. they thought they were only getting some of the independents temporarily. we saw that after the first debate things switched back very quickly. the obama campaign thought it was a good moment for them only because it was a bad moment for mitt romney. this
in the polls right after that was really real. i mean, that was another thing that was very different between the two campaigns. i feel the obama people were much more realistic about the numbers, what the numbers really were, as compared to the romney campaign. >> what do you make of that, the fact -- again, we see the pattern of tactical answers to what seem to be terrible statements about half the country, 47%, not being this guy's responsibility. >> right. i mean, i think in...
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, the leverage goes more to president obama right now. >> i have fiscal cliff fatigue. thank you very much. >> sure. tracy: we all do, dennis, but we have to talk about it because congress has to deal with it. we have a new gallup poll showing 5 # 4% of the voters rate the honesty of members of congress below that of used car salesmen. dianne black of tennessee joins us from the home state to hear what the constituents are telling her. what are con constituents sayin? >> well, you know, i'm hearing -oth from my individual constituents and business owners they are really concerned about the spending problem in washington. that's not really talked about. there's a lot of focus on the other side, but there is a real need to control the spending because we know we spend more than what we bring in every year, can want continue down this path, and you'll go off the cliff. we have to resolve that by going off the drivers of the debt, the entitlement programs, and we have to talk about that. tracy: right. we're not. i'm not sure why. i think an easy fix is raise retirement age.
, the leverage goes more to president obama right now. >> i have fiscal cliff fatigue. thank you very much. >> sure. tracy: we all do, dennis, but we have to talk about it because congress has to deal with it. we have a new gallup poll showing 5 # 4% of the voters rate the honesty of members of congress below that of used car salesmen. dianne black of tennessee joins us from the home state to hear what the constituents are telling her. what are con constituents sayin? >> well,...
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same sheldon adelson told the wall street journal for publication wednesday that he supports abortion rights stem cell research he supports president obama's dream act and added that he's quote in favor of socialized medicine and quote. so why is this guy so busy buying republicans well put yourself in his place democrats typically do things for the vast majority the people on employment insurance social security medicare keep our food supplies safe for unions that sort of outside of petty crime stuff like congressman jefferson and wrangle work used up that you know we don't shill for big corporate interests or fat cat billionaires have been pretty much the part of the people pretty much since their founding over two hundred years ago but republicans eagerly do things for whoever pays them the biggest bucks for example every single republican freshman in the last congress denies there's such a thing as global warming why because the fossil fuel industry the second richest industry in the world will give a lot of money to any member of congress who denies global climate change similarly the r
same sheldon adelson told the wall street journal for publication wednesday that he supports abortion rights stem cell research he supports president obama's dream act and added that he's quote in favor of socialized medicine and quote. so why is this guy so busy buying republicans well put yourself in his place democrats typically do things for the vast majority the people on employment insurance social security medicare keep our food supplies safe for unions that sort of outside of petty...
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as you know ninety thousand and nine we saw a war did see president obama many people feeling that was being awarded the peace activity. he might do at some point in the feature again very much not in keeping with the what we are talking about she calls the reactions that they're writing to this latest piece of information about it being contested we had at any p.j. a battle say it's highly tedious for the even fulfill the rules under which the award should be given i mean really vary from reaction to calls see that price being awarded see as if that may have been a project that many people feel represents the total opposite. sarah ferguson of a team in london and to some other world news briefings starting off with syria must warn you though the video but to see the extremely graphic. syrian rebels reportedly uploaded this showing the execution of ten armed prisoners lying face down on the ground and seeing. some of whom are being tortured pleading for their lives again we can't show the video it's just too graphic but meantime in aleppo a government airstrike is reported to have hit
as you know ninety thousand and nine we saw a war did see president obama many people feeling that was being awarded the peace activity. he might do at some point in the feature again very much not in keeping with the what we are talking about she calls the reactions that they're writing to this latest piece of information about it being contested we had at any p.j. a battle say it's highly tedious for the even fulfill the rules under which the award should be given i mean really vary from...
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Dec 3, 2012
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. >>> happening right now as we speak, president obama is fielding twitter questions about the fiscal cliff. jackie deangelis is monitoring it for us. >> that's exactly right, mandy. as a matter of fact that session is now under way. it is part of the white house's my 2k twitter campaign. that refers to the more than $2,000 in extra taxes that the average american family is going to experience before the end of the year if we don't seem to find some compromise. so today the president is using twitter to interact with americans, no doubt to gain some support for his plan that would allow those cuts to extend of course with the exception for the wealthiest americans. earlier in the day president obama tweeted about this himself. he used the white house twitter account and said it's good to see a lot of folks on twitter speaking about extending the middle class tax cuts and that he'd be answering questions on the cliff at 2:00 p.m. of course we'll be monitoring that very closely and bring you the best interactions that we find. if you want to send a question to the president, all you hav
. >>> happening right now as we speak, president obama is fielding twitter questions about the fiscal cliff. jackie deangelis is monitoring it for us. >> that's exactly right, mandy. as a matter of fact that session is now under way. it is part of the white house's my 2k twitter campaign. that refers to the more than $2,000 in extra taxes that the average american family is going to experience before the end of the year if we don't seem to find some compromise. so today the...
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tea party two will dwarf tea party one if obama pushes us off the cliff. let's not pretend he isn't pushing us off the cliff. >> maria, the broader question, where is our economy right now as we're tackling this issue? what's the economy doing well? what's it not doing as well? and what will we see over the next four years? >> we are moving at a slow pace. at this point in the recovery, you would expect faster growth, which we are not going. if we go over the cliff, we will go into recession. a couple of industries will feel the hurt more so than others. obviously, defense. and because these are long-term projects, those defense cuts will be felt well into 2013, into 2014. what's doing well? health care is doing well. we're living longer. living until 100 years old. that's a positive. it's not a crisis. it's a positive. so we are in need of 1 million nurses, health care professionals in the coming years. technology doing very well. a lot of start-up technology. innovation going well. that's a positive. manufacturing coming back a bit as well. the auto sect
tea party two will dwarf tea party one if obama pushes us off the cliff. let's not pretend he isn't pushing us off the cliff. >> maria, the broader question, where is our economy right now as we're tackling this issue? what's the economy doing well? what's it not doing as well? and what will we see over the next four years? >> we are moving at a slow pace. at this point in the recovery, you would expect faster growth, which we are not going. if we go over the cliff, we will go into...
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will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks t for e right to one man's name. he is here to explain his bold idea and how he is cashing in. even when they say it's not it is always about money melissa: first let egg look at the day's market headlines. concern over the fiscal cliff bleeding into the u.s. manufacturing sector. factory activity in november declined for the first time in three months. the news weighted down stocks helping shed 59 points off the dow the raw materials sector hit hard by the contraction in manufacturing. shares of dupont were the biggest loser closing down 2%. dell getting golden endorsement from goldman sachs today. the investment ba
will the president and congressional democrats just blow it right out of the sky? we'll break it all down. >>> plus the mississippi river in crisis. water levels dropped to historic lows threatening to bring commercial traffic to a halt and spike food prices. have you even heard about this? the head of one mississippi barge operator joins us whether a disaster can still be avoided. >>> would you sublet your name for an entire year? a bidding war breaks t for e right to one...
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down in terms of his standing on those issues through rights and you know it's another just kind of sunday morning argument and it's not of really great service to anybody while as always with you an interesting discussion michael brock's producer of the majority report thanks so much and i thank you so much. well now into the latest news out of syria there are reports that syrian president bashar al assad might be preparing to use chemical weapons in his war torn country but the united states and western allies have war in the syrian government that assad will be quote held accountable if his forces use those weapons against the rebels fighting his government now this is also the story being told to the american people with syria's stockpile of chemical weapons is dangerous and could be deadly sound familiar while if it does it that could be because you heard similar talk a decade ago in the lead up to war with iraq danger to our country is grave. the danger to our country is growing. the iraqi regime possesses biological and chemical weapons weapons of mass destruction weapons of
down in terms of his standing on those issues through rights and you know it's another just kind of sunday morning argument and it's not of really great service to anybody while as always with you an interesting discussion michael brock's producer of the majority report thanks so much and i thank you so much. well now into the latest news out of syria there are reports that syrian president bashar al assad might be preparing to use chemical weapons in his war torn country but the united states...
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Dec 2, 2012
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president obama came out during the egyptian up riding saying that it has to go. clearly the united states has put itself on the side of people that want to live in freedom and democracy. 'til now, the administration has been circumspect. i think it does deserve the white house making a strong statement about the importance of freedom, democracy, accountability, rule of law. certainly as mark said, the way the constitution is written morsi's decree suggests that egypt is going in the wrong direction. in the abstract, this kind of contested national dialogue over a constitution is a good thing. the problem is that no one, no one is moving towards compromise, they're moving towards confrontation. and what that means is that the brotherhood will seek to impose its will on the rest of the population, and as we've seen in the past two weeks, nobody is willing to put up with that. >> what does this say about morsi? he came across as this broker in the gaza negotiation. is he a dictator in sheep's clothing? >> when we were on your program over the summer and morsi wads e
president obama came out during the egyptian up riding saying that it has to go. clearly the united states has put itself on the side of people that want to live in freedom and democracy. 'til now, the administration has been circumspect. i think it does deserve the white house making a strong statement about the importance of freedom, democracy, accountability, rule of law. certainly as mark said, the way the constitution is written morsi's decree suggests that egypt is going in the wrong...
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Dec 5, 2012
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future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. p what i've suggested is let's essentially put a down payment on taxes. let's let tax rates on the upper income folks go up. and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform, we look at what loopholes and deductions both democrats and republicans are willing to close, and it's possible that we may be able to lower rates by broadening the base at that points. >> in the meantime, now the gop is fighting with itself. speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed
future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. p what i've suggested is let's essentially...
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look, maybe barack obama is right. maybe if you raise these taxes, it will not hurt the economy. [talking over each other] stuart: bill clinton raised taxes and the economy took off. >> there are a lot of things that influence the economy. not just taxes. there are other things. there is no monetary policy, which was great under bill clinton. do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government spending within those years. the problem with obama's proposals is he wants more. this idea that raising tax rates does not hurt the economy because, you can go ahead and spoke three packs of cigarettes a day for the rest of your life because i know somebody who did that and he did not get cancer. stuart: okay. that was very good. [ laughter ] now, i know why you have not been on the show very often. i am at a loss for words when you are done. stephen moore, i do hope you come back and see us soon. >> thank you, sir. stuart: here is an example of what i call tax hypocrisy. costco founder going to s
look, maybe barack obama is right. maybe if you raise these taxes, it will not hurt the economy. [talking over each other] stuart: bill clinton raised taxes and the economy took off. >> there are a lot of things that influence the economy. not just taxes. there are other things. there is no monetary policy, which was great under bill clinton. do not forget that bill clinton did welfare reform. one of the most historic acts over the last 50 years. do not forget that we caught government...
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Dec 6, 2012
12/12
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CURRENT
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right? because the winner got 326. oops, that's right the winner was barack obama not mitt romney. so what about karl rove and dick morris? michael calderone is the senior media reporter for "huffington post" joining us on our news line this morning. michael, we're not going to see him for awhile, huh? >> yes. i think -- i know you're missing him. but i don't think we'll see these guys for a little while. >> bill: here's the deal. i was chatting with some of our friends in the media last night at the white house is this roger ailes just kind of playing games and a little -- this is just a temporary retrieve because people aren't that interested in presidential politics anymore but they'll stay around and they'll be eventually be back on fox? >> well, say what you will about roger ailes. we know he's a genius when it comes to programming and trying to shift fox news to bring in ratings and he did this after the 2008 election. fox's ratings have been slipping during the end of the bush years and they had to reposition themselves. they went with glenn beck right around inauguration da
right? because the winner got 326. oops, that's right the winner was barack obama not mitt romney. so what about karl rove and dick morris? michael calderone is the senior media reporter for "huffington post" joining us on our news line this morning. michael, we're not going to see him for awhile, huh? >> yes. i think -- i know you're missing him. but i don't think we'll see these guys for a little while. >> bill: here's the deal. i was chatting with some of our friends in...
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Dec 4, 2012
12/12
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. >> stephanie: right. and that isn't true. >> stephanie: that's right. well they wrote a letter to the president -- boehner and six other house republicans, they insisted the election return obama to the white house and the gop return to the house requires both parties to come together in a fairground. but we know that didn't happen. i think everybody is aware, right, that it is the gerrymandering that has returned -- what they are calling middle ground is not middle ground, right? >> it isn't middle ground and there wasn't a dead locked election. they forget a couple of things number 1 that there was an election, and the people spoke and number two if you look at every survey -- i guess the second point is in this campaign there was a clear, clear outline by the president of where he stood, no secret. there had to be a continuation of the middle class tax cut, and an end of the tax cut for the very wealthy in -- in 2010 they got over 90%, the upper 1% -- 90% over that of the income growth, and the third point, the surveys show after the election all of
. >> stephanie: right. and that isn't true. >> stephanie: that's right. well they wrote a letter to the president -- boehner and six other house republicans, they insisted the election return obama to the white house and the gop return to the house requires both parties to come together in a fairground. but we know that didn't happen. i think everybody is aware, right, that it is the gerrymandering that has returned -- what they are calling middle ground is not middle ground, right?...
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Nov 30, 2012
11/12
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CURRENT
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. >> right. >> jennifer: there today's par las that i think could be illustrative. >> well, it is. i think by pretty common ascent, president obama wouldn't agree with this, but i think almost everybody else would, that he has not been the most sociable guy with members of congress. and what jefferson did when congress was in session every night more or less, he had lawmakers down to dinner. he would write his daughter saying i am about to be an unpunk tal correspondent because i am about to enter enter into the business of the session, and a big part that have was having people in the president's hughes, up close and personal. not that he thought it would create a bipartisan simpsonism, but that it would in fact help on the margins that people might be more likely to give him the benefit of the doubt if they had heard something directly from him. and contemporary evidence suggests that true. >> jennifer: apes to whoo people? >> at least neutral icize neutralize them which is a wonderful example of a new england senator a federalist from new hampshire who came in about 1803 thinkin
. >> right. >> jennifer: there today's par las that i think could be illustrative. >> well, it is. i think by pretty common ascent, president obama wouldn't agree with this, but i think almost everybody else would, that he has not been the most sociable guy with members of congress. and what jefferson did when congress was in session every night more or less, he had lawmakers down to dinner. he would write his daughter saying i am about to be an unpunk tal correspondent...
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Dec 5, 2012
12/12
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get them in front of people in the right way. six weeks ago we launched another program. we have mohammed alaryn, the ceos of zulu, you have barack obama, the president of the world bank. it's an incredible people. becky quick is one of them that's on there. just writing content that's really important for people in business around the world. >> obviously this must translate at some point into a user, keeping the user, either engaged longer or bringing them in. i mean, how does that work? because it's got to connect. i applaud putting the right content in front of the right people but at the same time it's a business, right? >> right. >> how does that work? if you're coming in, sharing it with your boss, sending it to someone you want to deal with, this is a conversation starter. it's great for linked-in, great for the business world in general to have this comment. get insight from people, 187 million people. they're never going to connect with richard branson in real life. they can read what richard branson's top tips are for starting a business and they can think about
get them in front of people in the right way. six weeks ago we launched another program. we have mohammed alaryn, the ceos of zulu, you have barack obama, the president of the world bank. it's an incredible people. becky quick is one of them that's on there. just writing content that's really important for people in business around the world. >> obviously this must translate at some point into a user, keeping the user, either engaged longer or bringing them in. i mean, how does that work?...